John Marshall et al v. Andrew Wright et al
Petitioner: Lincoln Financial Advisors Corporation, John Marshall and Rollance Verkinnis
Respondent: Andrew Wright and Blenda Wright
Case Number: 2:2011cv04506
Filed: May 25, 2011
Court: US District Court for the Central District of California
Presiding Judge: Victor B. Kenton
Presiding Judge: John A Kronstadt
Nature of Suit: Securities/Commodities

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Date Filed Document Text
August 1, 2011 Opinion or Order Filing 20 JUDGMENT by Judge John A Kronstadt: IT IS HEREBY ORDERED, ADJUDGED AND DECREED that: (A) The attached Arbitration Award in favor of the Wrights andagainst the Lincoln Parties is hereby confirmed as a Judgment. Specifically:1. The Lincoln Parties are jointly and severally liable for and shallpay to the Wrights compensatory damages in the amount of $1,170,500.00. 2. The Lincoln Parties are jointly and severally liable for and shall pay to the Wrights simple interest at the rate of 10% p er annum on the amount of $1,170,500.00 from the date of the award until the award is paid in full. 3. Lincoln Financial is solely liable for and shall pay to the Wrights compensatory damages in the amount of $590,000.00. 4. Lincoln Finan cial is solely liable for and shall pay to the Wrights simple interest at the rate of 10% per annum on the amount of $590,000.00 from the date of the award until the award is paid in full. 5. Lincoln Financial is solely liable for and shal l pay to the Wrights $600.00 to reimburse the Wrights for the non-refundable portionof the Wrights= initial claim filing fee. (B) The Lincoln Parties' Complaint and Petition for Vacation of Arbitration Award is hereby dismissed, with prejudice. (C) Sanctions in the form of attorneys fees of $5,000 are awarded infavor of the Wrights and against the Lincoln Parties and their counsel, LewisBrisbois Bisgaard & Smith LLP. (MD JS-6, Case Terminated). (shb)
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Petitioner: Lincoln Financial Advisors Corporation
Represented By: Joseph Christopher Campo
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Petitioner: John Marshall
Represented By: Joseph Christopher Campo
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Petitioner: Rollance Verkinnis
Represented By: Joseph Christopher Campo
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Respondent: Andrew Wright
Represented By: David Paul Bleistein
Represented By: John B Wallace
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Respondent: Blenda Wright
Represented By: David Paul Bleistein
Represented By: John B Wallace
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